241 East Bay Street Charleston, SC $ 5,500,000
241 East Bay Street
$ 5,500,000
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241 East Bay Street

Charleston, SC, 29401
$ 5,500,000
Bedrooms9 Baths0.0 Sq 11,752

Monthly Estimate*

$ 33,864

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Multi-Family Home for sale in Charleston, SC

for $5,500,000 with 9 bedrooms. This 11,752 square foot home was built in 1871 on a lot size of 0.15.

Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. 2025 gross income - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!

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Multi-Family Active

Price

$ 5,500,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1871

Town/City

Charleston

County/Region

Charleston

MLS | Web ID

26005460

Features
General
County Charleston
Property Type Residential Income
Subdivision Name Ansonborough
Status Active
Directions Corner Of East Bay Street And Guignard Street.
High School Burke
City Charleston
MLS Area 51 - Peninsula Charleston Inside of Crosstown
Lot Size Units Acres
Lot Size Square Feet 6534
Elementary School Memminger
Middle/Junior High School Simmons Pinckney
Building Area Units Square Feet
Standard Status Active
Utilities Charleston Water Service Dominion Energy
Sewer Public Sewer
Heating Central Ductless Forced Air
Cooling Central Air
Roof Metal
Construction Materials Block/Masonry Stucco
Year Built 1871
New Construction false
Structure Type Quadruplex
Other Structures No
Stories Count 3
Number Of Units Total 4
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 9
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Exterior
Lot Size Area 0.15
Lot Size Acres 0.15
Water Source Public
Building Area Total 11752
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* Excluded Features
List By
Carriage Properties Llc

Broker

Affordability Calculator

$33,864
Per Month
100%
0%
0%
Monthly Principal & Interest
$33,864
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
246224 Elementary School
1478873 Middle School
Burke High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$5,500,000 Listed Price

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241 East Bay Street, Charleston, SC, 29401 is a Multi-Family Home for sale at $5,500,000 with 11,752 sqft and a lot size of 0.15. 241 East Bay Street has 9 bedrooms, 0.0 baths, and was built in 1871. The property's zip code is 29401 which is in Charleston, SC